Shop for sale

Princess Street, Chester, CH1

£39,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

POPULAR PARTY SUPPLIES BUSINESS - CHESHIRE
Long established and highly reputed business
Early viewing essential to fully appreciate
High amount of regular and repeat trade
Advised annual turnover of 75,000
Situated on market stall in Chester
Scope for further development
Genuine reason for sale
LEASEHOLD


Location

This truly exceptional party goods store has an ideal market precinct location situated in the city centre of Chester, Cheshire. The property neighbours Chester's shopping facilities and local attractions which brings the business a huge amount of footfall. The city sees high levels of tourists and visitors due to the wide variety of attractions on offer including museums, art galleries and historic landmarks, with exceptional shopping facilities offering the most well known and desired retailers. Chester also offers a variety of restaurants, public houses and fine nightlife which caters for every appetite. Chester is a hugely popular residential area which has a reputation for being a lifestyle destination and desired retirement city due to its fine housing, good schools, NHS services, excellent public services, many attractions and welcoming friendly community. The location also benefits from being only 3 miles away from the M53 motorway which makes visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this superb party goods store which was established by our clients in 1979. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 75,000 which is derived from the sale of party supplies such as fancy dress, balloons, costumes, badges, decorations, banners etc just to name a few. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 75,000pa
Gross profit: 40,000
Stock approximately: 15,000


Tenure

Leasehold
Rent: 10,000pa



Opening Hours

Monday - Saturday: 8:00am - 5:00pm
Sunday: Closed


Accommodation

Party goods store situated within a market precinct, briefly comprising:

Large open plan display area

Fixed wall shelving

Island displays

Free standing display

Serving/payment counter with cash register

Meeting room/kitchen area

Included in the sale are 3x lock up store/stock room within an underground area of the building

Nearest stations

  • Chester (0.7 mi)
  • Bache (1.3 mi)
  • Capenhurst (5.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Chester (0.7 mi)
  • Bache (1.3 mi)
  • Capenhurst (5.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 3188. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.